Interest-Free Loan Scheme for Overseas Education 2026 Apply Online Pak-EEF MS & PhD Program

Interest-Free Loan Scheme for Overseas Education 2026 Apply Online Pak-EEF MS & PhD Program

Under the Prime Minister's Pakistan Fund for Education, the Pakistan Education Endowment Fund (PAK-EEF) has launched the "Uraan Pakistan" Interest-Free Loan Scheme for Overseas Education. This flagship national initiative aims to invest in bright minds, build a highly skilled workforce, and enable talented Pakistani students to pursue Master's (MS) and Doctorate (PhD) degrees at the world's top-ranked universities.

The program offers partial funding on an interest-free basis with flexible repayment options. Qualified students across Pakistan, Azad Jammu & Kashmir (AJK), and Gilgit-Baltistan (GB) who have secured admissions in top-tier global institutions are encouraged to submit their applications online.

List of Schemes with Details

While this announcement is an educational loan scholarship program rather than a employment vacancy notice, the funded study streams offered under the scheme are detailed below:

1. Overseas MS Degree Funding Scheme

• Target Audience: Pakistani, AJK, and GB nationals seeking Master of Science (MS / MPhil) studies abroad.

• Maximum Age Limit: Up to 30 years as of the closing date.

• University Requirement: Must have secured admission in a World Top 25 university according to QS or Times Higher Education (THE) rankings.

• Family Income Limit: Monthly family income ceiling must be $\le$ PKR 500,000.

2. Overseas PhD Degree Funding Scheme

• Target Audience: Qualified scholars seeking Doctoral (PhD) studies abroad.

• Maximum Age Limit: Up to 35 years as of the closing date.

• University Requirement: Must have secured admission in a World Top 25 university according to QS or THE rankings.

• Family Income Limit: Monthly family income ceiling must be $\le$ PKR 500,000.

Terms & Conditions

• Interest-Free Facility: 100% interest-free loan (no mark-up charged) providing partial funding support.

• Repayment Plan: Flexible repayment duration of up to 10 years.

• Coverage Scope: Covers tuition fees, living expenses, travel, and partial insurance support up to the available threshold.

• Taxpayer Requirement: The applicant must be an active taxpayer.

• Fee Exemption: No application or processing fee is charged for applying.

• Evaluation: Applications will be evaluated on a continuous rolling basis.

How to Apply

1. Visit the official Pakistan Education Endowment Fund (PEEF) portal at www.peef.pk.

2. Click on the "Apply Online" portal for the PAK-EEF Interest-Free Loan Scheme.

3. Fill out the application form with complete academic details, offer letter from a QS/THE top 25 university, active tax filer details, and family income proof.

4. Submit the digital form directly through the website portal.

Last Date to Apply

• Deadline: The application portal will remain open until further notice, with applications evaluated continuously on a rolling basis.